All Strategy news – Page 108
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NewsAlex Cruz joins WestJet’s board of directors
Canada’s WestJet has appointed ex-British Airways chief executive Alex Cruz to its board of directors.
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NewsAzul posts record Q4 revenue on domestic recovery and cargo boom
Brazil’s Azul achieved record revenue during the fourth quarter of 2021 as it continued to build out its domestic passenger and cargo operations.
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NewsSingapore Airlines posts first quarterly profit since pandemic
Singapore Airlines Group posted a net profit of S$85 million ($63 million) for the three months ending December 2021, as the opening of international travel lanes during the quarter helped it out of the red for the first time since the pandemic.
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NewsSwiss to coat Boeing 777 fleet in sharkskin film to reduce drag
Swiss will apply a new kind of aerodynamic coating on some long-haul aircraft that promises to lower frictional resistance and thereby increase fuel efficiency and reduce carbon emissions.
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NewsChina Southern to exit A380s by this year: Report
China’s sole Airbus A380 operator is reportedly retiring its fleet of superjumbos by the end of the year, becoming the latest carrier in the Asia-Pacific region to do so since the pandemic first struck.
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NewsSAS to put greater focus on leisure in post-pandemic recovery
Scandinavian carrier SAS will put a greater emphasis on the leisure segment as it adjusts its network in line with the emerging post-pandemic market dynamic.
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NewsSAS deepens cost-savings drive under new plan aimed at securing fresh equity
SAS has raised its annual cost-savings target to SKr7.5 billion ($800 million) under a fresh restructuring programme aimed at adapting the carrier to a “changed” market as it bids to prepare the ground to raise fresh equity.
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NewsGreenway to take up chief executive role at Blue Air
Former Swoop chief executive Steven Greenway is to take up the same role at Romanian low-cost carrier Blue Air from the start of March, with incumbent Oana Petrescu remaining as president of the airline.
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NewsCebu Pacific sees bellyhold as main cargo strategy
Cebu Pacific is not looking to take dedicated freighters in the near term — even amid a robust cargo market during the pandemic — as it believes a “large chunk” of cargo will be carried as bellyhold freight.
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NewsDelta network planning exec Laurence resigns after just one month
Delta Air Lines says a top executive has resigned just one month after he arrived at the carrier.
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NewsMeasures prompt Lufthansa to rule out compulsory pilot redundancies
German carrier Lufthansa Airlines has lifted the threat of needing to make compulsory redundancies among its pilots through a series of measures aimed at reducing staff levels in light of the pandemic-hit on demand.
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NewsAir Canada reports heavy 2021 loss but plans significant growth in 2022
Air Canada logged another year of steep losses in 2021 though its overall financial position improved and the airline plans significant 2022 expansion.
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NewsNorwegian to fly 80-85 aircraft in summer 2023
Restructured low-cost carrier Norwegian is looking to bring in new aircraft for next summer as it aims to rebuild its fleet to between 80 and 100 aircraft by 2024.
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NewsIndiGo co-founder Gangwal to ‘slowly reduce’ stake
Co-founder of Indian low-cost carrier IndiGo Airlines Rakesh Gangwal has stepped down from the board of the airline’s parent company as he plans to reduce his stake over the coming years.
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NewsGatwick slot sales and improved demand help Norwegian to profit
A sale of some of its slots at London Gatwick airports together with ongoing benefits from its restructuring and improved travel demand helped Norwegian post a small pre-tax profit for the fourth quarter and the the full-year.
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Airline BusinessAirlines keep cargo front of mind during Singapore Airshow
While airline fleet renewal decisions are long in planning and even longer in execution, it perhaps says much for the opportunistic climate that exists in the post-pandemic recovery phase that much of the news activity from this week’s Singapore Airshow was in the cargo sector.
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NewsAtlas posts Q4 profit as demand remains high
Atlas Air Worldwide Holdings, the parent of Atlas Air, reported a healthy profit for the fourth quarter of 2021 which it attributes to high demand, increased aircraft utilisation, lower maintenance costs and new and extended long-term customer contracts.
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NewsStruggling Trujet in final stage talks over $25m investment
Indian regional carrier Trujet is hoping to finalise talks in the coming days over a $25 million investment aimed at enabling it to restore flights.
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NewsCebu Pacific sees short-haul gains from high-density A330neos
Cebu Pacific will take delivery of three more Airbus A330neos this year — taking its current fleet to five examples — and the remaining 11 jets will follow over the next four years.
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NewsKLM chief relaxed on challenges posed by switch from Boeing to Airbus narrowbodies
KLM has time to prepare for the introduction of Airbus narrowbodies into its fleet, chief executive Pieter Elbers said today, and will take learning points from other carriers who have been through similar transitions.